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The ICT Student's Guide To PD Arrays: Based on the Teachings of the Inner Circle Trader
For Smart Money Traders to accumulate positions they have to short in a Premium and buy in a Discount.
But why?
Well, for them to efficiently accumulate their positions they must do literally the opposite of what a retail minded trader would do.
When the market is in a Premium, it means that the market has been trading higher, so retail looks at that as a bullish market environment, so they buy. This provides Smart Money Traders with the opportunity to get short and use the retail buyers as the required liquidity to fulfill their sell orders.
When the market is in a Discount, it means that the market has been trading lower, so retail looks at that as a bearish market environment, so they short. This provides Smart Money Traders with the opportunity to get long and use the retail sellers as the required liquidity to fulfill their buy orders.
The PD Array Matrix is a concept mentioned in ICT's teachings, which refers to the hierarchy of certain price levels, ranging from the highest form of a Premium Array to the lowest form before reaching equilibrium. These levels help traders identify key price levels and form a directional bias in their trading strategies. If you want to know where Smart Money Trader's get into a position, then you need to know your PD Array's.
In this book, we'll explain how all the current PD Array's work and how to spot them on your charts.
But why?
Well, for them to efficiently accumulate their positions they must do literally the opposite of what a retail minded trader would do.
When the market is in a Premium, it means that the market has been trading higher, so retail looks at that as a bullish market environment, so they buy. This provides Smart Money Traders with the opportunity to get short and use the retail buyers as the required liquidity to fulfill their sell orders.
When the market is in a Discount, it means that the market has been trading lower, so retail looks at that as a bearish market environment, so they short. This provides Smart Money Traders with the opportunity to get long and use the retail sellers as the required liquidity to fulfill their buy orders.
The PD Array Matrix is a concept mentioned in ICT's teachings, which refers to the hierarchy of certain price levels, ranging from the highest form of a Premium Array to the lowest form before reaching equilibrium. These levels help traders identify key price levels and form a directional bias in their trading strategies. If you want to know where Smart Money Trader's get into a position, then you need to know your PD Array's.
In this book, we'll explain how all the current PD Array's work and how to spot them on your charts.
78 pages, Paperback
Published May 29, 2023
9 people want to read
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